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pantera

02/07/05 1:04 AM

#355153 RE: denmo83 #355149

I refinanced my home to buy our vacation home in Tahoe back in May/June of '03. I got a 15 yr note with an interest rate of
4 3/8% fixed and payed a 1/4 point.

I believe the current interest rates are currently the lowest they have been in over a year.
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lee kramer

02/07/05 6:16 AM

#355167 RE: denmo83 #355149

Hi denmo: If I recall, mortgage rates were low. We've refinanced several times when it made sense. The most I can say, deduce, about low rates is that the cost of money is low. I can't predict what it may mean in years ahead.
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Newly2b

02/07/05 9:13 AM

#355205 RE: denmo83 #355149

I believe fixed 30-yr conforming loans were going just around 4.5% in June '03.

Newly